The Enforcement Directorate’s Bengaluru Zonal Office has filed a chargesheet under the Prevention of Money Laundering Act against Gameskraft Technologies and RummyTime Technologies Private Limited, along with their founders, for allegedly cheating users and laundering nearly Rs 19,984 crore. The complaint was lodged in Bengaluru against the firms and their founders in connection with the RummyCulture app.
The investigation was initiated based on FIRs registered in Telangana for cheating offenses, which are considered scheduled offenses under the PMLA. The accused companies allegedly operated various online rummy brands, charging a commission on the total stake amount and using bots to play against users without their knowledge.
The firms are accused of using deceptive practices to boost user engagement and wagering through bonuses and promotional rewards. They aggressively marketed their platforms through various channels and allegedly imposed restrictive withdrawal conditions on users. The ED claims that these practices promoted addictive gaming behavior and led to financial losses and distress among users.
The total proceeds of crime generated by the accused companies through commissions are estimated to be nearly Rs 19,984 crore. The ED alleges that these proceeds were integrated through various financial instruments and assets to disguise their origins. Movable and immovable assets worth around Rs 2,401 crore have been attached, seized, and frozen by the ED in connection with the case.
